1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
Crown Castle has a different strategy than its two biggest competitors, which focus almost exclusively on towers and have a multinational footprint. Crown operates exclusively in the United States and has aggressively invested in fiber to pursue small cell communications sites. We like the prospects for towers more than small cells and therefore prefer the businesses of Crown’s competitors.
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company’s fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle’s towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CCI’s competitive advantage.
Crown Castle Inc
XNYS: CCI
| American Tower Corp
XNYS: AMT
| SBA Communications Corp Class A
XNAS: SBAC
| Unitil Corp
XNYS: UTL
| |
Price
| 113.96 | 187.30 | 224.12 | 53.80 |
Currency
| USD | USD | USD | USD |
Change
| −$1.60 (1.38%) | −$2.72 (1.43%) | −$4.86 (2.12%) | −$0.54 (0.99%) |
Market Cap
| 49.42 Bil | 87.29 Bil | 24.28 Bil | 865.49 Mil |
Industry
| REIT - Specialty | REIT - Specialty | REIT - Specialty | Utilities - Diversified |
Sector
|
Real Estate
|
Real Estate
|
Real Estate
|
Utilities
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. CCI has a forward dividend yield of 5.49%.
See
CCI’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
CCI’s market cap is 49.42 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
CCI’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
CCI’s price/sales is 7.05.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
CCI’s price/forward earnings is 29.52.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
CCI’s price/book is 6.85.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See CCI’s valuation ratios compared to the Market Index.
CCI’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare CCI’s historical performance against its industry peers and the overall market.
